(a) A ‘warranty’ is the name given to a term in a contract for which the parties have agreed to limit or exclude their potential liability for breach.
(b) A ‘warranty’ is the name given to statements made in the course of negotiating a contract but which were not intended by the parties to be legally binding.
(c) A ‘warranty’ is the name given to a term in a contract that a court infers is not of fundamental importance to the party for whose benefit it was included.